This paper analyzes a boundedly rational decision maker who is uncertain about his preference and faces the following …-off there is an optimal number of goods that the decision maker wants to analyze before making his final choice. The choice of … with good consumer service can be a signal for high quality of the store. -- Decision making ; Bounded rationality ; Choice …

We study a model of collective decision making with endogenous information collection.Agents collect information about … decision is made. The reason for this result is that communicationmay aggravate the free-rider problem associated with …

We provide an explanation why centralisation of political decision makingresults in overspending in some policy domains …

section 5 reviews the main types of models which are employed in endogenous policy theory to portray the political process. In …

process has an high probability to reach a final decision. We also better qualify the degree of manipulability of such a final … decision, showing that it is independent not only from the agenda, but also from the initial condition. Therefore we show that …

Decision-making processes are studied using non-standard all-pay structures. Our interest is motivated by regulatory …

This study extends research on strategic decision making into the realm of strategic alliances by examining the … interactive effect of decision process characteristics at the firm and alliance levels on alliance performance. Located both … within and at the boundary between partners, alliance-related decision processes have to balance each partner's self …

Ability to make collective agreements determines life of many organizations. But does it matter for the decision to …

consistency takes two forms: internal consistency, which refers to the property that an axiomatic choice theory does not generate … contradictory statements; and semantic consistency, which refers to the idea that a theory's predictions are valid with respect to … some observed data. In addressing semantic consistency, the relationship between theory and data is analyzed in terms of so …